GBP/USD intraday: under pressure.
Update on supports and resistances.
Pivot: 1.5655.
Our Preference: SHORT positions below 1.5655 with 1.555 & 1.5515 in sight.
Alternative scenario: The upside penetration of 1.5655 will call for
1.569 & 1.5735.
Comment: the RSI is capped by a declining trend line.
Trend: ST Ltd Downside; MT Range
Key levels Comment
1.5735** Intraday resistance
1.569** Intraday resistance
1.5655** Intraday pivot point
1.5587 Last
1.555* Intraday support
1.5515** Intraday support
1.547*** Intraday support
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